Category :Featured

Technology Featured News Regional

Spotnana raises $75 million in latest funding round

Global Business Magazine September 6, 2022

Spotnana, a cloud-based travel technology platform, has raised $75 million in a funding round led by Durable Capital Partners LP and existing investors Read More

Real Estate Featured News Regional

DMCC’s uptown tower office space is fully pre-leased ahead of its completion

Global Business Magazine September 2, 2022

Dubai Multi Commodities Centre (DMCC), the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise, said Read More

Finance Featured News Regional

Global Sukuk Issuance to reach $257 billion by 2027, says Refinitiv

Global Business Magazine September 2, 2022

Global sukuk issuance is poised for a big growth in the next five years with the compound annual growth rate (CAGR) of 6.8% Read More

Business Featured News Regional

Actis to acquire controlling stake in UAE-based Yellow Door Energy

Global Business Magazine September 2, 2022

Actis, a leading global investor in sustainable infrastructure, has announced the signing of definitive transaction documents for the acquisition of a controlling Read More

Technology Featured News Regional

UAE Government applauds 60 professionals in the Artificial Intelligence program’s fourth cohort

Global Business Magazine September 1, 2022

The UAE government applauded 60 participants who graduated from the fourth cohort of the Artificial intelligence program, founded in affiliation with the UAE Read More

Economy Featured News Regional

Saudi Arabia’s economy poised to grow at 7.6% in 2022, says IMF

Global Business Magazine September 1, 2022

The International Monetary Fund (IMF) said in its annual report that Saudi Arabia’s economy would register a growth rate of 7.6% during Read More

Banking Featured News Regional

UAE listed banks’ net profits reach $5.69 billion in H1-2022

Global Business Magazine September 1, 2022

Putting up an impressive show, the 11 national banks listed on the UAE capital markets have registered net profits of $5.69 billion in the Read More

Finance Featured News Regional

DFM posts 63% increase in its net profits in H1 of 2022

Global Business Magazine September 1, 2022

The Dubai Financial Market (DFM) on Friday announced its consolidated financial results for the first half of the year ended 30 June 2022, posting Read More

Economy Featured News Regional

Emiratis spent $21.8 billion on Travel and Tourism in 2021

Global Business Magazine August 29, 2022

Data published by the UN World Tourism Organization (UNWTO) showed that the residents of the UAE spent about $ 21.8 billion on travel and Read More

Real Estate Featured News Regional

Jabal Omar Development Company plans to issue new ordinary shares

Global Business Magazine August 29, 2022

Jabal Omar Development Company (JODC) in Saudi Arabia, secured approval from the shareholders for issuing new ordinary shares in the JODC to Read More